Day: 13 December 2017

Supreme Court of Victoria Gives Tabcorp-Tatts Merger the Nod

Wed 13 Dec 2017 9.33 Olivia Cole
Supreme Court of Victoria Gives Tabcorp-Tatts Merger the Nod

Less than 24 hours after the shareholders of the Australian gambling operator Tatts Group gave the green light to its long-expected merger with Tabcorp Holdings, the Supreme Court of Victoria officially approved the takeover’s Scheme of Arrangement. Today, Tabcorp Holdings revealed that the merger’s Scheme was given the nod from the Supreme Court, with the Court orders being lodged with the Australian Securities and Investments Commission (ASIC). As announced by the gambling and betting company, the Scheme which is now effective, is to be implemented on December 22nd, 2017. Shareholders…

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UKGC Shares Concerns that 25,000 Children Are Problem Gamblers

Wed 13 Dec 2017 7.33 Daniel Williams
UKGC Shares Concerns that 25,000 Children Are Problem Gamblers

The UK Gambling Commission (UKGC) published a report, raising the red flag that children and young people in the country take part in gambling activities and situations without being explained all the risks sometimes. The report presented by the UK gambling regulatory body raises some questions about children gambling habits, especially when it comes to the impact that such activities could have on children in the long term. As Casino Guardian reported yesterday, the number of children and young people involved in gambling has risen to half a million on…

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